CAFE 4 CHANGES OWNERSHIP
HD Patel and the Ephant Group have assumed ownership of Cafe 4 from Jim and Lori Klonaris in a transaction brokered by Oliver Smith IV and Will Sims for Oliver Smith Realty and Development. The Cafe had been owned by the Klonaris family since taking it over from the non-profit 4 Market Square and had grown into a favorite gathering spot for many. With the move, Patel and the Ephant Group adds to its growing portfolio of buildings and businesses in the downtown area. He recently purchased the Hope Building on Gay Street and has a lifetime lease on the former TVA Credit Union Building.
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